Car insurance policy : Your protection on the road

2007-03-08 10:33:40

( Insurance )



In this day and age of fast cars and free ways, having some form of insurance is a responsible decision. Having a car insurance policy does not only protect you but other people and properties as well.

Car insurance policy is an ideal partner in traveling. It protects you from unforeseen events that may happen along the way. There are two kinds of car insurance coverage – collision and comprehensive.

Collision insurance covers you from damages you have brought to your car in any vehicle accident. Collision insurance policy pays for the repairs your car need. On the other hand, a comprehensive insurance though similar in many ways with collision insurance, has a much wider scope. Comprehensive insurance policy covers you from vandalism, theft, fire and events that are associated with nature such as floods, typhoons, and earthquakes.

Insurance policy online can offer you policies that are suited for your needs. Premium payments may vary for everyone though, and insurance companies have certain guidelines in pricing their premiums.

Car insurance policy rate is usually based on your car’s model, year and make, body type, and engine size. The car’s performance and safety features are what validates the coverage.

Other factors that can affect premium payments include marital status, driver’s age, and sex. Male drivers who are under 25 are more likely to pay more than their female counterparts because these sectors are usually involved more frequently in car accidents.

Driving records may influence your policy as well. Numerous accidents you incur may hike your premium payments. On the other hand having less accident can reduce your premium through discounts.

The place you live can also be an issue in assessing your insurance. Neighborhoods that are prone to theft and vandalism can increase your premium above normal.

However, before applying for an insurance policy online, compare rates and how it can suit your driving needs and skills.


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